Cameron Watt

Amateur Human

[Cameron Watt @CameronWatt]

@MaryKostakidis @cheryl_kernot Makes perfect sense, follow up question needs to be "how have the constraints changed to generate a different optimal pathway?" USA have shifted to goal posts.

[Ben Davison @Ben_Davison1]

The barefoot investor thinks that the budget changes don’t impact the VAST majority of people’s current savings & investment plans

As for those it does? They’ll be fine

“The wealthiest people in the country. Living in one of the wealthiest countries in the world…life is good.”

[Cameron Watt @CameronWatt]

@MikeCarlton01 "To pick candidates"? Wouldn't that be the job of the local branch?

[Cameron Watt @CameronWatt]

I'd reckon owning multiple negative geared properties with interest only mortgages might make landlords highly sensitive to interest rate increase.
Rates go up, rents go up.

[Karl Stefanovic @karlstefanovic]

There’s no denying Australia is in a housing crisis.

But what’s really driving it? Supply, migration, tax policy?

Housing advocate Maiy Azize and property investor Jack Henderson join Karl for a fiery debate.

Live now – link in bio.

[Cameron Watt @CameronWatt]

@LNPvoterfail EXACTLY! A broken promise only matters if it is bad policy.

[Cameron Watt @CameronWatt]

Could Lego Politics be an influence on USA mid-term elections?

[Furkan Gözükara @FurkanGozukara]

LMAO brilliant Trump Silenced Colbert's Show - But His Last Night Broke the Internet 😭🤣😂

via Lego Geopolitica

[Cameron Watt @CameronWatt]

Mate, best you get rid of those stamp duties the states were meant to remove when the GST came in before you show your ignorance of progressive tax scales.

[Financial Review @FinancialReview]

NSW Premier Chris Minns said income-earners paying the highest marginal tax rate of 47 per cent were effectively working half the week for the federal government. https://t.co/AkIqocm0Bt

[Cameron Watt @CameronWatt]

@DrJulieAH It didn't make sense to me. "Oh no, now I will have to pay 47%" seemed odd. It implies the person was earning $190k or more and under prior arrangements they would somehow manage to completely evade all tax on their capital gain.

[Cameron Watt @CameronWatt]

@PatsKarvelas Does the meme going around suggesting Albo is taking 47% equity position suggest they were paying near 0% prior to the changes? I don't get it.

[Cameron Watt @CameronWatt]

A bit surprised Timmy's political strategy is to platform all the people that didn't vote for LNP last election.

[Tim Wilson @TimWilsonMP]

So many self-starters are sharing their stories about how the CGT changes will impact them. Share yours at https://t.co/x6n5i0kypj

[Cameron Watt @CameronWatt]

@BraddrofliT You think it will only take one term? That seems optimistic, from here it looks like it will take at least a decade or more. But USA will never be fully restored in international eyes.

[Cameron Watt @CameronWatt]

@HarryFromSyd @TomisCrowley Tax experts are all for it, but I have heard differing view from economists.
It used to be that way and all previous government never went near it. I understand its because it trades one problem for another.

[Cameron Watt @CameronWatt]

@HarryFromSyd @TomisCrowley I like the concept of indexation, but it is simple and a policy design for simpletons.

What genuinely worries me is not the indexation, but that the gov of the day will have to find a way to fund it with, especially when we see inflation spikes driven by the likes of Trump.

[Cameron Watt @CameronWatt]

@richard_HSE @AaronDodd @AlanBixter Publication?... Isn't Karl on Sunrise?

[Cameron Watt @CameronWatt]

@HarryFromSyd @TomisCrowley Yeah I did, but you don't really want an answer though do you.
Having said that though, the cost implications of indexing tax brackets indefinitely compared to disrupting a rent seeking telco that spent decades holding the country back is very different.

[Cameron Watt @CameronWatt]

@HarryFromSyd @TomisCrowley The engineering was solid, NZ rollout proved that but the politicians caused most of the challenges.

[Cameron Watt @CameronWatt]

@HarryFromSyd @TomisCrowley You seem, to think this is a blue team vs read team thing... maybe it is for you but I care about good policy that is sustainable.
I was highly critical of the way Conroy ran the NBN policy, I was on his shit list.
It was good policy that the politicians should have kept out of.

[Cameron Watt @CameronWatt]

@HarryFromSyd @TomisCrowley WTF? How much does a jar of sturgeon cost?

[Cameron Watt @CameronWatt]

@HarryFromSyd @TomisCrowley Right, so you are saying that they have announced and taken a historically costly policy without knowing what it would cost today... during a period of elevated inflation?
Perhaps they thought it doesn't matter as they will not win government in one election, it'll take 2 or 3.

[Cameron Watt @CameronWatt]

Haha, you will need to learn to count to 40 before that happens.

[Pauline Hanson 🇦🇺 @PaulineHansonOz]

When One Nation win seats in the next Victorian parliament, we will relocate the new Daniel Andrews statue to a special Museum of Underwater Art in Antartica.